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Jan 1, 2013
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whereas a contemporary ben johnson wrote beautifully, but it was an essay. christopher marlow wrote stunningly, but it was a series of monologues. and jz are brilliant, highly metrical, rhyming, relevant, passionate writers, they're monologues. they're not and they're editorial. they're not capable in the way that shakespeare was of creating, it's not a hologram t is something much more profound than that. it's something that actually almost approaches the condition of life, in between the opposites of shakespeare's existence, both as a person and as an artist. i would say it is that duality in shakespeare that is the fundamental dna of his greatness. >> neither a borrower nor a lender be, for loan often loses of itself and friend and borrowing dulls the edge of husbandry. it is above all, to thine own self be true and it must follow as the night to day, thou cannot then be follow to any man. >> rose: how do you explain the shakespeare. >> the best possible question to is at the beginning of the book is i can't explain him, after all these decades of teachin
whereas a contemporary ben johnson wrote beautifully, but it was an essay. christopher marlow wrote stunningly, but it was a series of monologues. and jz are brilliant, highly metrical, rhyming, relevant, passionate writers, they're monologues. they're not and they're editorial. they're not capable in the way that shakespeare was of creating, it's not a hologram t is something much more profound than that. it's something that actually almost approaches the condition of life, in between the...
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May 31, 2013
05/13
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ben bernanke was knew to the job. each passing day got better and better at this and ultimately played a critical role. tim geithner was very, very valuable. neil was tremendous out of the treasury. rahm emmanuel at the white house was very, very important, very helpful to us as well. so there were very positive elements that made significant contributions. the tarp debate is an important conversation in the context 6 all of this. bob said something very accurate early on in this conversation. barney and coy never have passed this bill in 2006 and 2007. and you couldn't pass it today. the window opened up when it did. and after tarp it was clear that you couldn't leave the truck sewer and architecture in place. so we needed to act. and that's why this all came together in a fortuitous way. i had never been chairman of a committee in 28 years and bob likes to point out. >> we'll look back at tarp and consider it -- >> it was a very important decision and the right decision to make and i will go to my brave believe flag
ben bernanke was knew to the job. each passing day got better and better at this and ultimately played a critical role. tim geithner was very, very valuable. neil was tremendous out of the treasury. rahm emmanuel at the white house was very, very important, very helpful to us as well. so there were very positive elements that made significant contributions. the tarp debate is an important conversation in the context 6 all of this. bob said something very accurate early on in this conversation....
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Jun 19, 2013
06/13
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so what should you watch for when ben bernake spaeeaks now. >> what to know before you sign. >> and healthy prognosis, why healthcare costs long the culprit of rising inflations are showing signs of slowing. that and more tonight. >> good evening everyone welcome. a triple digit move isn't what it used to be when the dow is above 15,000 but still eye catching, especially when it's the sixth in a row for the blue chip meter. it's the highest in three weeks. with the small company rising to a record up 1.2% on the day. so why the big move today? well, for one thing, talk of the big taper tapered off just a bit. investors ears tuned as always to the federal reserve seem persuaded ben bernanke and his people won't do it when think finish the two day-meeting tomorrow. >>> today's economic news benign. housing up less than expected and inflation jumped a tenth of a point and last month less than forecast. >>> building on monday's gains, stocks started the day higher and started there and at the close the dow up 148 for a two-day gain of 1.46% and the snp up 12. >>> so what will the federal reserv
so what should you watch for when ben bernake spaeeaks now. >> what to know before you sign. >> and healthy prognosis, why healthcare costs long the culprit of rising inflations are showing signs of slowing. that and more tonight. >> good evening everyone welcome. a triple digit move isn't what it used to be when the dow is above 15,000 but still eye catching, especially when it's the sixth in a row for the blue chip meter. it's the highest in three weeks. with the small...
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May 6, 2013
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it was astonishing. >> and you know, ben was there. ben was there. you know, i've listened to dar williams for, i don't know, 15 years, and i had never met her before the day of the concert. and she said, through peter, you know, what does francine want to sing? and she suggested pierce pettis' song "family." and when i listened to it, after i cried for a while, i realized it was the perfect song. i mean, the word i say in the second verse is -- "we stood outside in the summer rain, different people with a common pain." and that's what you have. >> and it also says, there's a line, "just a child, that's all." that is, to me, such a powerful line, it's a child, yeah, he's, you know, in a box in the cold. >> he's just a child. >> he's just a child. that's all. we're not talking about sophisticated political dilemmas. can we just have some empathy for that child who is gone? >> or the teacher that was trying to protect that child. >> absolutely. >> we will play that song for our audience as we say farewell. francine wheeler and peter yarrow, thank you v
it was astonishing. >> and you know, ben was there. ben was there. you know, i've listened to dar williams for, i don't know, 15 years, and i had never met her before the day of the concert. and she said, through peter, you know, what does francine want to sing? and she suggested pierce pettis' song "family." and when i listened to it, after i cried for a while, i realized it was the perfect song. i mean, the word i say in the second verse is -- "we stood outside in the...
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Jul 18, 2013
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. >>> what ben bernanke was telling congress about the economy. they were reassured by the comment there is no set timetable for pulling back on the bond buying stimulus program and strong quarterly earnings from bank of america. we'll take a closer look in a moment. >>> despite all of that and an upbeat outlook of economic condipgco conditions in the federal nation, stocks still posted small gains. the dow added 18 and nasdaq 11.5 and the s&p up 4.5 points. >>> more on today's testimony from bernanke before the committee. the fed was on message with lawmakers when the central bank might pull back on asset buying plans. hampton pearson has more on the testimony. federal reserve chairman ben bernanke said markets are more stable now that investors understand the central bank is in no rush to take respond buying program or raise key short-term interest rates. >> we are very focused on main street. we're trying to create jobs. we're trying to ever housing affordable. we're -- our low interest rates creates a lot of ability to buy automobiles. >> repo
. >>> what ben bernanke was telling congress about the economy. they were reassured by the comment there is no set timetable for pulling back on the bond buying stimulus program and strong quarterly earnings from bank of america. we'll take a closer look in a moment. >>> despite all of that and an upbeat outlook of economic condipgco conditions in the federal nation, stocks still posted small gains. the dow added 18 and nasdaq 11.5 and the s&p up 4.5 points. >>>...
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Dec 19, 2013
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both leaderships wanted this to happen for the reason ben bernanke expressed. it's not often washington gets a chance to please anybody but markets wanted this, the country wanted this. >> all right. so now that they are all getting along in washington, will that carry over to 2014, john? >> to a limited extent, susie. there will not be a shutdown when the government runs out of money in january. they will extend government funding along the lines outlined by the deal, and i think that even though some republicans said yes, we'll make demands for the debt limit, i don't think they will push it to the brink so we'll is a smooth process on the debt limit. the question is can we get anything bigger than that? can we get immigration reform? a grand bargain? that is by far from clear and actually unlikely. >> so if you have a two-year deal on the federal budget, then if the debt limit debate becomes contankous, what would the gop look for to let administration raise the debt limit? >> you certainly could have them return to issues of obamacare, that they have loved
both leaderships wanted this to happen for the reason ben bernanke expressed. it's not often washington gets a chance to please anybody but markets wanted this, the country wanted this. >> all right. so now that they are all getting along in washington, will that carry over to 2014, john? >> to a limited extent, susie. there will not be a shutdown when the government runs out of money in january. they will extend government funding along the lines outlined by the deal, and i think...
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Jul 17, 2013
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federal reserve chairman ben bernanke underscored that today. he said he still thinks the central bank could start reducing its buying of government bonds this year. bernanke told a house committee it depends on job creation, and is not pre-set. >> if the data are stronger than we expect. we'll move more quickly at the same time maintaining the accommodation through rate policy. if the data are less strong, if they don't meet expectations we have about where the economy is going, then we would delay that process or even potentially increase purchases for a time. >> holman: on wall street, stocks took bernanke's testimony mostly in stride. the dow jones industrial average gained more than 18 points to close at 15,470. the nasdaq rose 11 points to close at 3,610. the cleveland man accused of holding three women captive for more than a decade pleaded not guilty today to hundreds of charges. ariel castro faces 977 counts, ranging from aggravated murder, involving a terminated pregnancy, and rape, to kidnapping and assault. castro is in jail on an $8
federal reserve chairman ben bernanke underscored that today. he said he still thinks the central bank could start reducing its buying of government bonds this year. bernanke told a house committee it depends on job creation, and is not pre-set. >> if the data are stronger than we expect. we'll move more quickly at the same time maintaining the accommodation through rate policy. if the data are less strong, if they don't meet expectations we have about where the economy is going, then we...
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Dec 17, 2013
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that's also when outgoing chairman ben bernanke will hold what could be his last news conference on the matter. >> woodruff: as the cold and flu season approaches, one of the more common pieces of advice you hear is about the importance of washing your hands. increasingly, consumers have bought antibacterial soaps to help boost their protection. but today, the u.s. food and drug administration warned that those soaps may not be any more effective and they may pose some health risks of their own over the long haul. elizabeth weise covered this for "usa today." elizabeth, thank you for joining us. people have been using these soaps for years, what is it now that the fda is worried about? >> well, the fda has two concerns. the first is do these actually work, do they actually help people get fewer illnesses. and secondly, are they safe for long teferm, frequent use. and although you might imagine that fda knows the answer to both those questions, it turns out they actually don't. and now they decided they want to know that answer. >> woodruff: and so now, and so they're saying they are goi
that's also when outgoing chairman ben bernanke will hold what could be his last news conference on the matter. >> woodruff: as the cold and flu season approaches, one of the more common pieces of advice you hear is about the importance of washing your hands. increasingly, consumers have bought antibacterial soaps to help boost their protection. but today, the u.s. food and drug administration warned that those soaps may not be any more effective and they may pose some health risks of...
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May 1, 2013
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i think that's in large part thanks to the work of the federal reserve under ben bernanke. at the same time, history is going to judge. whether bernanke or his successor unwind this massive intervention they have done to try to prop up the economy, that's going to be the ultimate test whether history views ben bernanke favorably or not? >> do you think he wants another term? and if he doesn't, who is going secede him? >> i think he doesn't. that said, there is some candidates out there that are really ready to take the reins there is janet yellin, the vice chair. she is who gets most often talked about as a leading candidate. some others are less widely talked about, roger ferguson, larry summers has the resume for it but is a polarizing figure. i think president obama will have plenty of options as he starts to weigh this decision in the months ahead. >> it does sound like janet yellin is the front-runner from the people we've been hearing from. tell me, do you think when it does come time for the federal reserve to pull the stimulus out of the economy, and let's say she i
i think that's in large part thanks to the work of the federal reserve under ben bernanke. at the same time, history is going to judge. whether bernanke or his successor unwind this massive intervention they have done to try to prop up the economy, that's going to be the ultimate test whether history views ben bernanke favorably or not? >> do you think he wants another term? and if he doesn't, who is going secede him? >> i think he doesn't. that said, there is some candidates out...
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Oct 10, 2013
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views and then to unite behind its response. >> reporter: yellen somewhat broke with the predecessor ben bernanke pledging to address concerns of average americans. >> the mandate of the federal reserve is to serve all the american people, and too many americans still can't find a job and worry how they will pay their bills and provide for their families. the federal reserve can help if it does its job effectively. >> reporter: obama had strong words and praise for bernanke who will leave january 31st. >> for nearly eight years, ben has led the fed through some of the most daunting economic challenges of our lifetime, so today i just want to take a minute to pay tribute to ben for his extraordinary service. >> reporter: most in the market believe yellen will continue policies and someone quicker to do more stimulus for the economy if the economy doesn't improve and unemployment doesn't fall as fast as the fed would like. for "nightly business report", i'm steve liesman. >>> the september policy meeting, the one where the central bank decided not to pull back on bond buying program, the m
views and then to unite behind its response. >> reporter: yellen somewhat broke with the predecessor ben bernanke pledging to address concerns of average americans. >> the mandate of the federal reserve is to serve all the american people, and too many americans still can't find a job and worry how they will pay their bills and provide for their families. the federal reserve can help if it does its job effectively. >> reporter: obama had strong words and praise for bernanke...
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Oct 10, 2013
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how is she different from ben bernanke? in terms of her economic philosophy, her use of monetary policy, and her use of the sort of tools that ben bernanke has been using. >> so i think there's certainly a lot of continuity with chairman bernanke so i think had he do share a pretty similar world view and i think a similar concern about both inflation and unemployment. i think she might be somewhat bolder. so many people will say the first word out of their mouth on janet is she's so nice. she's also tough and i would expect her to make forceful arguments and to be pushing for perhaps some different policies as she thinks she sees fit. but i think comment newity new- continuity is the order of the day. she's an architect of a lot of the policies the fed has been following so far so i expect a lot of those same policies to continue. >> rose: what do you think her analysis of what the economy needs today is? >> well i think it's in many ways kind of obvious in the sense that if you look at the numbers, what's true is inflation
how is she different from ben bernanke? in terms of her economic philosophy, her use of monetary policy, and her use of the sort of tools that ben bernanke has been using. >> so i think there's certainly a lot of continuity with chairman bernanke so i think had he do share a pretty similar world view and i think a similar concern about both inflation and unemployment. i think she might be somewhat bolder. so many people will say the first word out of their mouth on janet is she's so nice....
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Oct 9, 2013
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she has been, as you suggest, on the more dovish side of ben bernanke. if anything she will lean toward keeping policies in place longer, more aggressively, doing everything the fed can to keep unemployment down. >> at some point the fed is going to have to turn off the spigot of money, and the chances are janet yellen will oversee that. how tricky is that going to be? it is find a pump money in, but to be the person who says we are stopping that money? >> that will be the challenge. it is not just a question of what to do, but a question of when to flip that switch, how quickly to turn back the dial and pull back the liquidity they have been pumping into the global financial system. getting that wrong could have tremendous cost for the u.s. economy and global economy. if you move too soon you nip the economy in the dot. if you do not, you have tremendous bubble problems. >> most people around the world could not name the chairman of the u.s. federal reserve, but when we look back, paul parker, bernankenspan, ben now, they are people who have an outsized
she has been, as you suggest, on the more dovish side of ben bernanke. if anything she will lean toward keeping policies in place longer, more aggressively, doing everything the fed can to keep unemployment down. >> at some point the fed is going to have to turn off the spigot of money, and the chances are janet yellen will oversee that. how tricky is that going to be? it is find a pump money in, but to be the person who says we are stopping that money? >> that will be the...
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Nov 14, 2013
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will she become the first female chair and how will her policy differ from ben bernankes. that and more tonight. >>> good evening everyone. the first score card on obama care is out and it's not good. just 106000 americans enrolled and went through their state, not healthcare.gov. the results are worst than expected and bertha coombs joins us with a break down of the numbers. bertha, i know you've been going through the information. who did succeed in signing up? >> we don't really know. they didn't really give us demographic information. they just basically gave us the numbers of what they saw. in terms of people that actually selected a plan at this point, we're talking about 106,000 and as you mentioned, the majority of those came through the state based exchanges that have been working fairly well, only 26,000, nearly 27,000 managed to select a plan. some of them paid, a lot of them haven't but haven't select add plan through the federal exchange healthcare.gov. as we know, they had a lot of troubles for a lot of people. it's been frustrating. what is interesting is to
will she become the first female chair and how will her policy differ from ben bernankes. that and more tonight. >>> good evening everyone. the first score card on obama care is out and it's not good. just 106000 americans enrolled and went through their state, not healthcare.gov. the results are worst than expected and bertha coombs joins us with a break down of the numbers. bertha, i know you've been going through the information. who did succeed in signing up? >> we don't...
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Feb 27, 2013
02/13
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that was the capitol hill testimony today from the central bank's chairman, ben bernanke. in recent weeks, fed officials have raised worries about the strategy, but bernanke offered a strong defense for the program that's aimed at keeping interest rates low. the risks, he said, were manageable. hope the fed would continue its easy efforts to stimulate the economy had u.s. markets seeing green. the dow gained 116, the nasdaq is up 13, and the s&p rose nine. washington bureau chief darren gersh has details on the fed chairman's strong defense of his aggressive policy to support the economy. >> reporter: sure, there are risks when the federal reserve is buying almost $3 billion worth of bonds every day. but chairman ben bernanke told congress basically, "we got this." >> although a long period of low rates could encourage excessive risk taking, and continued close attention to such developments is certainly warranted, to this point, we do not see potential
that was the capitol hill testimony today from the central bank's chairman, ben bernanke. in recent weeks, fed officials have raised worries about the strategy, but bernanke offered a strong defense for the program that's aimed at keeping interest rates low. the risks, he said, were manageable. hope the fed would continue its easy efforts to stimulate the economy had u.s. markets seeing green. the dow gained 116, the nasdaq is up 13, and the s&p rose nine. washington bureau chief darren...
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Jan 8, 2013
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deputy national security adviser ben rhodes said so publicly today. u.s. and afghan officials are at odds over legal immunity for u.s. troops who stay behind. also today, nato announced an afghan soldier shot and killed a british soldier on monday in helmand province. six other britons were wounded. the u.n.'s world food program warned today that one million people in syria are going hungry, as the country's civil war intensifies. the agency blamed a lack of security and lack of access to a key port for aid shipments. meanwhile, rebels battled government troops across syria today. and fighting erupted again in a palestinian refugee camp in damascus, killing five people. the wildfire threat in southern australia was unrelenting today. the flames have fed off hot, dry conditions, with temperatures hitting 113 degrees in some areas. scores of fires burned in tasmania and new south wales, leaving widespread destruction, but so far no confirmed deaths. we have a report narrated by liam dutton of independent television news. . >> reporter: with no letup, scorchi
deputy national security adviser ben rhodes said so publicly today. u.s. and afghan officials are at odds over legal immunity for u.s. troops who stay behind. also today, nato announced an afghan soldier shot and killed a british soldier on monday in helmand province. six other britons were wounded. the u.n.'s world food program warned today that one million people in syria are going hungry, as the country's civil war intensifies. the agency blamed a lack of security and lack of access to a key...
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ben bernanke has done a good job there are a number of good names to choose. the good question for the chairman is what will be his or her view of the economy and exit strategy from the current policy. >> one final question, do you think the economy will strengthen in the second half of the year or not? >> i don't see markets strengthening in the second half of the year. i see a continuing recovery, to be honest. >> mr. hubbord and congratulations on your book. >>> well, one thing the fed keep as very close eye on is housing, and today just as mortgage rates hit a two-year high app captions for new mortgages fell by 4% and those rising mortgage rates are creating sticker shock for home buyers. diana olick has that story. >> reporter: at a broker's open house in northern virginia, agents are sizing up this single family home and recalculating what their clients can pay now that mortgage rates are far higher than they were six weeks ago. >> it's a lot quieter, which is a same because historically the rates are very low. >> some people say it will cut down on bus
ben bernanke has done a good job there are a number of good names to choose. the good question for the chairman is what will be his or her view of the economy and exit strategy from the current policy. >> one final question, do you think the economy will strengthen in the second half of the year or not? >> i don't see markets strengthening in the second half of the year. i see a continuing recovery, to be honest. >> mr. hubbord and congratulations on your book. >>>...
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Dec 18, 2013
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fed chairman ben bernanke arrived in washington this morning for the start of the final policy meeting of the year. voting members will decide whether the time is right to begin winding down the fed's $85 billion and a month and how much tapering the markets can handle. >>> the senate is closer to a budget deal, the proposal for a two-year federal budget that passed the house cleared a key procedural vote in the senate day, could be cleared in the upper chamber as early as tomorrow. >>> 2013 was busy for wall street and a lucrative one. the security and exchange commission filed almost 700 enforcement actions through september of this year. that's a 7% fewer than the year before. as investigations from the financial crisis tail off. but sanctions and settlements from those actions totalled a staggering $3.5 billion, 10% more than last year. >>> the housing market has seen remarkable gains this year but millions under water in real estate. real estate watcher core logic reports in the third quarter of this year there were nearly 6.3 million homes, 13% of all homes where the homeowner ow
fed chairman ben bernanke arrived in washington this morning for the start of the final policy meeting of the year. voting members will decide whether the time is right to begin winding down the fed's $85 billion and a month and how much tapering the markets can handle. >>> the senate is closer to a budget deal, the proposal for a two-year federal budget that passed the house cleared a key procedural vote in the senate day, could be cleared in the upper chamber as early as tomorrow....
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Jul 12, 2013
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all it the ben bernanke rally. investors were inspired to buy stocks this morning following news we told you about last night, the fed chairman saying the central bank will continue it's easy money policies. why? because bernanke says the weak u.s. economy still needs help. the buying was explosive. the dow soared 170 points closing at 15,460 and the das knack jumped and the s&p up 2 points. even the small cap russell 2000 index is in record terror tonight. the ten-year treasury rose with the down to 2.57% and gold up 32.50 to 1,279. >>> joining us to talk more about today's market activity and what may be ahead is chief equity strategy. did ben bernanke say anything different and if he didn't, what sparked the rally? >> not a lot different, tyler. the emphasis and maybe our listening and interpretation was a little bit different. i think the world largely felt when he made his speech a couple weeks ago that he was signaling that we're going to start going the other direction and in fact, he was but he kept saying
all it the ben bernanke rally. investors were inspired to buy stocks this morning following news we told you about last night, the fed chairman saying the central bank will continue it's easy money policies. why? because bernanke says the weak u.s. economy still needs help. the buying was explosive. the dow soared 170 points closing at 15,460 and the das knack jumped and the s&p up 2 points. even the small cap russell 2000 index is in record terror tonight. the ten-year treasury rose with...
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Sep 21, 2013
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all of this and it should be said ben bernanke has never said that he was leaving. again it week. >> he hasn't said he is staying either. going -- this was a fascinating week. we will be watching next week. thank you very much. we have to leave it there for now. conversations will continue online on the "washington week" extra where well cram in everything else that we missed. computers.ur that is 8:30 p.m. eastern and all weekend. you can keep up with daily developments all week and now pbs eekend, too, on the news hour. we will see you right here again on "washington week." good night. >> correspondent funding for "washington week" is provided by. north run grumman we have always been committed to innovation. world called for speed, when the world called for stealth. knowledge. awareness. flexibility. innovation. when the world asked for the future. constantly d in a evolving world. that is the value of performance. >> additional corporate funding for "washington week" is prudential. additional funding is provided thehe an unburg foundation, corporation for public
all of this and it should be said ben bernanke has never said that he was leaving. again it week. >> he hasn't said he is staying either. going -- this was a fascinating week. we will be watching next week. thank you very much. we have to leave it there for now. conversations will continue online on the "washington week" extra where well cram in everything else that we missed. computers.ur that is 8:30 p.m. eastern and all weekend. you can keep up with daily developments all...
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Jan 10, 2013
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that ben affleck is the director and the star. he plays tony mendez as the c.i.a. agent. here it is roll type. >> they've hiding at the canadian ambassador's residence. fortunately we do not believe the iranians are aware the six escaped. >> so what we ride for this are bicycles. we identify back roads from the district. a couple rack lines through the mound tons to the crossing. >> cars are off the table because of the roadblocks. >> wait until the weather clears up and deliver the six provides them with maps to the turkish border. >> we have intelligence they can't ride bicycles we're prepared to send in somebody to teach them. >> you could just send in training wheels and meet them at the border with gatorade. >> it's 300 miles to the turkish border. they need a support team with tire pumps. >> we were asked to troubleshoot this. >> it's winter. you can't afford to wait around until spring for them it's nice to take a buying ride. the way out is the airport. we send thp this pass ports and he takes hem out on a commercial fligh
that ben affleck is the director and the star. he plays tony mendez as the c.i.a. agent. here it is roll type. >> they've hiding at the canadian ambassador's residence. fortunately we do not believe the iranians are aware the six escaped. >> so what we ride for this are bicycles. we identify back roads from the district. a couple rack lines through the mound tons to the crossing. >> cars are off the table because of the roadblocks. >> wait until the weather clears up and...
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Jul 17, 2013
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ben bernanke was on khalil and told u.s. lawmakers that winding down stimulus program will depend on how well the economy is doing. that is welcome news to many. but to this one, they say bernanke is conducting a high wire act. >> you watched what bernanke said last month and how the markets reacted so well to that. they seemed to like a bit of welcome news. >> absolutely. today he continued to talk back what he had hinted at earlier, which is the fed may be less supportive of the economy. they may ease their foot a little bit off the accelerator, which the market interpreted as the fed would hit the brakes. >> is the u.s. economy realistically in a state where ben bernanke could start taking some of that stimulus money away from propping it up. >> if it were just an issue of the economy, the answer would be no. growth in the second quarter came about 1%, and the u.s. ll struggle to get 2% as a whole. the reason why they are talking about tapering has to do with the costs and risks, or what we would call the collateral damag
ben bernanke was on khalil and told u.s. lawmakers that winding down stimulus program will depend on how well the economy is doing. that is welcome news to many. but to this one, they say bernanke is conducting a high wire act. >> you watched what bernanke said last month and how the markets reacted so well to that. they seemed to like a bit of welcome news. >> absolutely. today he continued to talk back what he had hinted at earlier, which is the fed may be less supportive of the...
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Oct 12, 2013
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and she has had a big role in the decision that ben bernanke's outgoing charpe has taken. particularly that traits will stay near zero for several more years and go forward with in so-called quantitative easing program. that's the way economists refer to printing money. they buy bonds in an effort to stimulate growth and get long-term traits down. and the president made it clear in his remarks this week and through the whole vetting process that it was important to him that he have a candidate who cares much about unemployment as about inflation. and more likely to find that with a democratic than a republican candidate. >> greg, i have heard from plenty of folks this week as i'm sure you have about janet yellen and the issue of inflation. is that going to be the big conservative knock on her? folks who oppose her confirmation? >> that's a very good question. because she doesn't have a job yet. she has to go through confirmation and you're saying -- you can remember a time when there was so much about the fed chairmanship. i can't, either. these jobs used to like sail thro
and she has had a big role in the decision that ben bernanke's outgoing charpe has taken. particularly that traits will stay near zero for several more years and go forward with in so-called quantitative easing program. that's the way economists refer to printing money. they buy bonds in an effort to stimulate growth and get long-term traits down. and the president made it clear in his remarks this week and through the whole vetting process that it was important to him that he have a candidate...
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Sep 19, 2013
09/13
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it's not just one number and that's what ben bernanke emphasized today. it's a broad number of things to look at and understanding s this economy taking off or still stagnant? >> ifill: still waiting to see. neil irwin of the "washington post." thank you so much. >> thank you. >> woodruff: next, understanding the health care reform law. tonight, we are looking at the changes that start taking effect when new online insurance marketplaces known as public exchanges open next month. one big question: how employers may respond. just today, walgreen's announced it will move 160,000 of its employees into a private exchange where they can choose an insurance plan but with company subsidies. executives cited generally rising healthcare costs as one reason, but said expenses associated with the new law were a factor as well. time warner, sears and trader joe's have announced similar moves. that brings us to our series, in which we try to answer some of your more frequently asked questions and to ray suarez. >> suarez: the law was designed to provide coverage for m
it's not just one number and that's what ben bernanke emphasized today. it's a broad number of things to look at and understanding s this economy taking off or still stagnant? >> ifill: still waiting to see. neil irwin of the "washington post." thank you so much. >> thank you. >> woodruff: next, understanding the health care reform law. tonight, we are looking at the changes that start taking effect when new online insurance marketplaces known as public exchanges...
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Oct 30, 2013
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kick off of the federal reserve's policy meeting of interest rates will be one of the last ones with ben bernanke as chairmen. janet yellen nominated by president obama to be the next head of the fed is expected to have the confirmation hearing in the senate begin on november 14th. even though kentucky senator ran paul says he'll oppose yellen's nomination unless the full senateç votes on his bill supporting more transparency, yellen is expected to win the senate's approval. >>> fiezer reported earnings that beat estimates and that's where we begin market focus. cost costs and a jump in sales of cancer drugs helped deliver strong results but global sales fell because of competition for generic drugs like cholesterol fighter lip tore and the good out weighed the bad. it hit $31.29, the stock is up almost 23% this year. >>> a big earnings beat from linked in after re knew close. the social networking site reported progress in transitioning to mobile devices. but the company did issue a conservative revenue forecast for the fourth quarter and full year that pushed down the stock in after
kick off of the federal reserve's policy meeting of interest rates will be one of the last ones with ben bernanke as chairmen. janet yellen nominated by president obama to be the next head of the fed is expected to have the confirmation hearing in the senate begin on november 14th. even though kentucky senator ran paul says he'll oppose yellen's nomination unless the full senateç votes on his bill supporting more transparency, yellen is expected to win the senate's approval. >>>...
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Jun 23, 2013
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a comment by ben bernanke. >> we will continue to reduce the pace of purchases in measured steps through the first half of next year, ending purchases around mid-year next year. >> i believe the english translation of that is that the fed is essentially going to have to take the training wheels off the economy and cut back on bond purposes. are we at the point where people should be afraid to open their 401k? >> they should not be. yes, you're going to have some movement on the interest rates, but on the other hand -- i mean, we cannot keep this going forever. this was designed to get this through a tough patch, and it has. >> this sounds like detoxing to me. you do not take the heroin addict off of heroin cold turkey because you could kill him. you have to do it gradually. does this mean that the economy is improving? >> the reason for the panic is that there are people who believe that the economy is not getting strong at the rate that bernanke it does and the whole thing is a house of cards that could collapse. and do not know which analogy to use. he has been pumping in the heroin, i
a comment by ben bernanke. >> we will continue to reduce the pace of purchases in measured steps through the first half of next year, ending purchases around mid-year next year. >> i believe the english translation of that is that the fed is essentially going to have to take the training wheels off the economy and cut back on bond purposes. are we at the point where people should be afraid to open their 401k? >> they should not be. yes, you're going to have some movement on...
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Dec 7, 2013
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first wife, ben win any and then michelle. first wife. >> evelyn. >> rose: evelyn. who was she? >> rick could probably speak better to than than i can. >> evelyn macy was her name and also from the transcribe, from a very small family .. he was a very young man, she was very young and what happened was that -- and they had three children quite quickly, lived in soweto and then as he started to become political she started becoming more religious, i think she was a seventh day adventist and he realized, he even said this to me many years later and said this about his mother as well i was trying to bring a revolution to my country and educate my own people about democracy and freedom and i hadn't been able to do that to my wife or my mother and he felt that was a lack, and they just went their separate ways and it was a sad situation. >> rose: and then there was. >> then he met win any, and when you see pictures of when any, just a gorgeous woman, full of strength and pride and. >> rose: she was an activist? >> an activist in her own right and what happened was at that particular
first wife, ben win any and then michelle. first wife. >> evelyn. >> rose: evelyn. who was she? >> rick could probably speak better to than than i can. >> evelyn macy was her name and also from the transcribe, from a very small family .. he was a very young man, she was very young and what happened was that -- and they had three children quite quickly, lived in soweto and then as he started to become political she started becoming more religious, i think she was a...
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Dec 6, 2013
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and blues is my comforter. >> brown: for ben harper, music was in the blood. his grandparents and parents all played and performed, and the family has owned a music store in claremont, california, since 1958. >> my roots were always in the home. my mom used to play in bands. she's a musician, great singer and picker. and my dad was a percussionist. and so, they'd have people over every night making music. and they'd put us to bed around 8:00. and then i'd wait until they were really cooking, and then, you know, where they wouldn't be watching for me, i'd sneak out of my room and sit under... hide under the piano bench. ♪ >> brown: harper has gone on to become a leading singer, songwriter and guitarist with a string of albums and two grammy awards. ♪ charlie musselwhite's musical education-- and what an education it was-- came in the 1960s in chicago, where he went as a young man to look for a factory job. he wasn't even thinking of a career as a musician, just enjoying the local blues scene with the likes of muddy waters and elmore james. he did know how t
and blues is my comforter. >> brown: for ben harper, music was in the blood. his grandparents and parents all played and performed, and the family has owned a music store in claremont, california, since 1958. >> my roots were always in the home. my mom used to play in bands. she's a musician, great singer and picker. and my dad was a percussionist. and so, they'd have people over every night making music. and they'd put us to bed around 8:00. and then i'd wait until they were really...
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Aug 1, 2013
08/13
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ben bernanke and his policy makers refused once again to give any hints when tapering might begin. >> i did expect they would have talked a little bit more about the program tapering. that was the thing that was missing, i think a lot of us expected that they would at least provide some kind of clarification on. even if they didn't give the exact detail. >> reporter: policy makers say the economy is expanding at a modest pace, a slight change from june when the recovery was called moderate. the fed is concerned about higher mortgage rates impacting the housing recovery. the latest gdp report shows it expanded at a faster than expected 1.7% annual rate in the second quarter and consumer prices holding steady, 8/10ths of a percent. the fmoc statement char rack terrorized saying inflation persistently below the 2% uld p anticipates inflation will move back towards its objective over the medium term. key short-term interest rates will remain near zero, as long as unemployment is above 6.5% and like the decision on tapering, any policy change will be data dependent. >> it depends on contin
ben bernanke and his policy makers refused once again to give any hints when tapering might begin. >> i did expect they would have talked a little bit more about the program tapering. that was the thing that was missing, i think a lot of us expected that they would at least provide some kind of clarification on. even if they didn't give the exact detail. >> reporter: policy makers say the economy is expanding at a modest pace, a slight change from june when the recovery was called...